LATEST COVID-19 CORONAVIRUS NEWS

Foundation reverts to pre-lockdown BTL offering

Foundation Home Loans has returned its buy-to-let product range to its pre-lockdown structure with...

Mortgage Brain’s ESIS volumes greater than pre-Covid levels

Mortgage Brain has seen the proportion of ESIS generated by its sourcing systems for...

SortRefer reports record business levels

SortRefer has revealed significant growth and record business levels in June amid the Covid-19...

Annual house price growth in negative territory

The Nationwide Building Society has revealed that UK house prices fell by 1.4% in...

The Beverley offers ‘bounce back’ mortgage deals for business owners

Beverley Building Society is offering its ‘Bounce Back' mortgage initiative featuring fresh criteria to...

Castle Trust launches ‘Covid-19 level 3’ criteria

Castle Trust Bank has introduced new criteria which is says is in response to...

Landlords “taking brunt of the pandemic”

ARLA Propertymark has reported that the number of agents seeing rent rises hit an...

BoE: mortgage lending remains weak

The Bank of England has reported that the mortgage market remained weak in May...

Phoebus Software raises £2k for charity during lockdown

In the three months since the lockdown started, staff at Phoebus Software Ltd (PSL),...

Estate agents “set for an exciting summer”

NAEA Propertymark has revealed that the average number of sales agreed per estate agent...

LMS: instruction volumes beginning to steady

LMS has published its latest weekly update, tracking remortgage market performance through the Covid-19...

The Skipton donates £200k to mental health charity

The Skipton Building Society, its board and colleagues, are donating £200,000 to support the...

Mortgage Brain: product numbers at “post-pandemic high”

 Product numbers increased last week to the highest level seen since the pandemic took...

FIBA pleased with BTL webinar series take-up

Specialist finance trade body, the Financial Intermediary & Broker Association (FIBA), has reported that over...

COMMENT

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of recent studies have highlighted. Research from the House Buyer Bureau...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment and capitalisation rates should be prescribed under the Leasehold and...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a referral from a mate of yours. Complicated case, self-employed, bit...

It’s time to look at retention

As the summer winds down and the back-to-school routine kicks back in, I urge the industry to turn its attention to something just as...

Landlords are buying – and advisers should take note

There has been no shortage of commentary over recent years suggesting landlords are heading for the exit, buy-to-let apparently no longer works and the...

Latest news

New housebuilder registrations fall 34% from 2022 peak

The number of housebuilding companies being established in the UK has fallen by 34%...

HSBC UK to raise rates across residential and buy-to-let ranges

HSBC UK will increase rates across a range of two-year and five-year fixed mortgages...

Gilt turmoil puts fresh pressure on mortgage rates

Rising government borrowing costs are putting renewed upward pressure on UK mortgage rates as...

UK needs first primary surplus in 25 years, warns NIESR

The UK needs to run its first primary budget surplus in 25 years if...

PROFILES